At present, the company announced on February 18, 2022 that the company decided to change the listing target market from Shenzhen Stock Exchange to North Stock Exchange after fully communicating with the sponsor East Asia Qianhai Securities in light of its own actual situation.
The state has always attached great importance to the development of small and medium-sized enterprises, which can greatly alleviate the financing problems of small and medium-sized enterprises and are also the core positions to support them. Shenzhen Small and Medium-sized Board, Growth Enterprise Market, New Third Board and Science and Technology Innovation Board have very important positioning and mission, and also serve small and medium-sized enterprises.
For a limited company, the most important work in the first step is the shareholding system reform. With the assistance of intermediary, the enterprise completes financial arrangement and adjustment of equity institutions. After the audit report, the net assets are converted into shares and become joint-stock companies. If the whole process goes smoothly, it will take about 3 months, 1 month financial arrangement+1 month audit+1 month share reform.
The whole declaration, feedback and listing will take about 4-6 months. Therefore, it takes about 7 months to 9 months from the limited company to the share reform and then to the listing.
The IPO of Beijing Stock Exchange is registered, that is, it is audited by Beijing Stock Exchange and registered by CSRC. In terms of time, the Beijing Stock Exchange will review for two months, and the CSRC will register for 20 working days. The time for the intermediary to reply to the feedback is not counted.
The approximate time for an enterprise to apply for listing, become an innovative enterprise, and then successfully land on the North Stock Exchange is: 7-9 months listing+1 year listing +6 months IPO of the North Stock Exchange 6 = 2 years, depending on the official documents.